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Although Ukraine uses algorithms to reflect links between science, innovation and production, they need adaptation to changing realities. Use of indicators included in the Innovation Scoreboard (IS) may provide an adaptation mechanism. However, it's not always possible to derive all its indicators using the existing statistics, and their interpretation doesn't always correspond to international standards. With respect to R&D, mismatch occurs in accounting and reporting of R&D funding and R&D personnel in full-time equivalent. With respect to innovation, there's no information on SMEs engaged in innovation for internal purposes, SMEs engaged in joint innovation projects in industry. These missing data can be collected through relevant surveys according to European methodology. Trial surveys have been conducted in several Ukrainian regions, and the collected data have already been used by official statistics. Estimates of several IS indicators were derived in 2007 from the existing information. They show that Ukraine has rather high estimate for human capital, but lags behind the EU average (taken as 100%) by indicators of innovation activity. As for key patenting indicators, Ukraine fails to match even least developed EU members. While the employment in medium- and high-tech sectors in Ukraine is rather good (partly due to incorrect reporting), their output is still very low. Therefore, in spite of declarations about innovation model, S&T and innovation performance in Ukraine radically differs from the EU.
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